Bima Sakti (Indonesia) Market Value
| PAMG Stock | IDR 51.00 0.00 0.00% |
| Symbol | Bima |
Bima Sakti 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Bima Sakti's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Bima Sakti.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Bima Sakti on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Bima Sakti Pertiwi or generate 0.0% return on investment in Bima Sakti over 360 days. Bima Sakti is related to or competes with Armidian Karyatama, Gozco Plantations, Integra Indocabinet, PT MNC, J Resources, Bhuwanatala Indah, and Malindo Feedmill. PT Bima Sakti Pertiwi Tbk operates as a property developer in Riau More
Bima Sakti Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Bima Sakti's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Bima Sakti Pertiwi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 11.43 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 1.96 |
Bima Sakti Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bima Sakti's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bima Sakti's standard deviation. In reality, there are many statistical measures that can use Bima Sakti historical prices to predict the future Bima Sakti's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.10) |
Bima Sakti Pertiwi Backtested Returns
Bima Sakti Pertiwi secures Sharpe Ratio (or Efficiency) of -0.03, which signifies that the company had a -0.03% return per unit of risk over the last 3 months. Bima Sakti Pertiwi exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bima Sakti's Standard Deviation of 1.58, insignificant risk adjusted performance, and Mean Deviation of 0.9062 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bima Sakti's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bima Sakti is expected to be smaller as well. At this point, Bima Sakti Pertiwi has a negative expected return of -0.0476%. Please make sure to confirm Bima Sakti's treynor ratio, skewness, and the relationship between the total risk alpha and potential upside , to decide if Bima Sakti Pertiwi performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Bima Sakti Pertiwi has insignificant reverse predictability. Overlapping area represents the amount of predictability between Bima Sakti time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bima Sakti Pertiwi price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Bima Sakti price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 40.28 |
Bima Sakti Pertiwi lagged returns against current returns
Autocorrelation, which is Bima Sakti stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Bima Sakti's stock expected returns. We can calculate the autocorrelation of Bima Sakti returns to help us make a trade decision. For example, suppose you find that Bima Sakti has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Bima Sakti regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Bima Sakti stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bima Sakti stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bima Sakti stock over time.
Current vs Lagged Prices |
| Timeline |
Bima Sakti Lagged Returns
When evaluating Bima Sakti's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bima Sakti stock have on its future price. Bima Sakti autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Bima Sakti autocorrelation shows the relationship between Bima Sakti stock current value and its past values and can show if there is a momentum factor associated with investing in Bima Sakti Pertiwi.
Regressed Prices |
| Timeline |
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Bima Sakti financial ratios help investors to determine whether Bima Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bima with respect to the benefits of owning Bima Sakti security.